Which of the Following Is Not an Example of Price

question 196

Multiple Choice

Which of the following is not an example of price discrimination?

• A)Adobe Systems offers software at discounted prices to students and faculty at K-12 and university levels.
• B)Unlike foreign tourists, citizens of Cambodia are exempted from paying an admission fee to the temples of Angkor.
• C)Senior citizens may purchase special fare tickets for public transportation that are not available to others.
• D)Buyers at an automotive parts store receive a discount for bulk buying because the store is able to pass on to its customers some of the lower average cost for producing large quantities.

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Definitions:

Portfolio Analysis

A systematic process of evaluating the elements of a portfolio, assessing their performance, risk, and interrelations, to inform strategic decisions and optimize returns.

Spend Map

A visual representation that depicts an organization's expenditure across different departments, suppliers, or categories, often used to identify cost-saving opportunities.

Multiple Sourcing

The strategy of procuring a particular product or service from more than one supplier in order to reduce dependency on any single source and increase reliability and competitiveness.

Bottleneck Items

Items or stages in a process that significantly delay production or throughput due to their limited capacity or efficiency.